W. Scott Tinney, Attorney
Cohen and Forman, LLC
334 St. Paul Place
Baltimore, MD 21202

ESTATE AUCTION

DORCHESTER

PORCHFRONT BUNGALOW
Arranged As 2 Apartments

Photos of auction property
FRONT VIEW      REAR VIEW      GARAGE      STREET SCENE

Sale On Premises
3908 CHATHAM ROAD
Off 3600 Garrison Boulevard
Baltimore, MD 21207

WEDNESDAY, JUNE 20, 2007
AT 2:00 P.M.


       NOTE: The information contained herein has been obtained from sources deemed reliable and believed to be accurate. However, no express or implied warranty is made as to the accuracy of these representations. Prospective purchasers are encouraged to consult with the appropriate government authorities regarding the permitted uses of the property and perform their own due diligence in advance of the auction. All dimensions, square footage and acreage contained herein are more or less.

LOCATION:

3908 Chatham Road is located in the "Liberty Heights" area of northwest Baltimore. The surrounding "Dorchester" neighborhood is a mixture of housing types and styles, intermingled with apartment properties. 3908 Chatham Road is within walking distance of Garrison Middle School and Forest Park High School. Public transportation is less than one block away.

For more information about the Dorchester neighborhood, visit:
http://www.livebaltimore.com/nb/list/dorchester

Directions: From Baltimore Beltway (I-695) Exit 18 follow Liberty Road east, which becomes Liberty Heights Avenue, to the 3900 block, turn left on Garrison Boulevard two blocks to Chatham Road, turn left to property.

LOCATION MAP

SITE:

Rectangular lot - 58' x 140', more or less
Detached two-car garage and parking pad
Concrete rear patio
Landscaped yard

BLOCK PLAT

HOME:

Circa 1909 stucco covered porchfront bungalow with stone foundation. The interior features plaster walls, hardwood floors, carpeting over hardwood, and ceramic tile baths. Some updating is needed.

First Floor
Living Room with fireplace
Dining Room
Kitchen with breakfast nook, updated range/oven and refrigerator, wooden cabinets, pantry
3 Bedrooms
Full Bath
Second Floor
Living Room/Dining Room Combination
Eat-in Kitchen with exit to an open porch, range/oven and refrigerator
2 - Bedrooms
Full Bath
Basement
Knotty Pine Club Room with bar
Full Shower-Bath
Second flush
Laundry room with washer and dryer
Outside exit
Mechanical
Updated gas furnace with hot water radiators
40-gallon gas water heater
Separate gas and electric meters
100-ampere electrical service


ZONING:

R2, residential - two dwelling units

TAXES:

2007 Real Property Taxes - $2,256.15

TITLE:

In fee simple. The property is sold free and clear of liens.

TERMS OF SALE:

A $7,500 deposit, payable by certified check or cashier's check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer's office. Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement. All adjustments, including taxes, all other public charges and assessments payable on an annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in "AS IS" condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of sale forward. The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. If the Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. Time is of the essence.

NO BUYER'S PREMIUM.

Broker participation is invited.
BROKER REGISTRATION FORM

Auction by order of:
Algeria Tate, Personal Representative of the Estate of Muriel Carter